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Investment decision making under deep uncertainty -- application to climate change (English)

While agreeing on the choice of an optimal investment decision is already difficult for any diverse group of actors, priorities, and world views, the presence of deep uncertainties further challenges the decision-making framework by questioning the robustness of all purportedly optimal solutions. This paper summarizes the additional uncertainty that is created by climate change, and reviews the tools that are available to project climate change (including...
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Brown,Casey; Gill,Stuart Peter Dunkley; Hallegatte,Stephane; Lempert,Robert J.; Shah,Ankur Ravi.

Investment decision making under deep uncertainty -- application to climate change (English). Policy Research working paper ; no. WPS 6193 Washington, DC : World Bank Group. http://documents.worldbank.org/curated/en/194831468136208564

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